Minesto AB (Sweden) Performance
| MINEST Stock | SEK 2.44 0.09 3.83% |
The company secures a Beta (Market Risk) of -0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Minesto AB are expected to decrease at a much lower rate. During the bear market, Minesto AB is likely to outperform the market. At this point, Minesto AB has a negative expected return of -0.15%. Please make sure to verify Minesto AB's skewness, as well as the relationship between the day median price and relative strength index , to decide if Minesto AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Minesto AB has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Begin Period Cash Flow | 104.4 M | |
| Total Cashflows From Investing Activities | -74.5 M |
Minesto |
Minesto AB Relative Risk vs. Return Landscape
If you would invest 287.00 in Minesto AB on August 26, 2024 and sell it today you would lose (43.00) from holding Minesto AB or give up 14.98% of portfolio value over 90 days. Minesto AB is generating negative expected returns and assumes 4.5741% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Minesto, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Minesto AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minesto AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Minesto AB, and traders can use it to determine the average amount a Minesto AB's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0319
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Estimated Market Risk
| 4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Minesto AB is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Minesto AB by adding Minesto AB to a well-diversified portfolio.
Minesto AB Fundamentals Growth
Minesto Stock prices reflect investors' perceptions of the future prospects and financial health of Minesto AB, and Minesto AB fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Minesto Stock performance.
| Return On Equity | -0.0303 | |||
| Return On Asset | -0.024 | |||
| Profit Margin | (0.42) % | |||
| Operating Margin | (0.55) % | |||
| Current Valuation | 1.39 B | |||
| Shares Outstanding | 137.66 M | |||
| Price To Book | 2.64 X | |||
| Price To Sales | 34.87 X | |||
| EBITDA | (18.49 M) | |||
| Cash And Equivalents | 150.89 M | |||
| Cash Per Share | 0.29 X | |||
| Total Debt | 500 K | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 3.85 X | |||
| Cash Flow From Operations | (20.41 M) | |||
| Earnings Per Share | (0.12) X | |||
| Total Asset | 559.5 M | |||
About Minesto AB Performance
By analyzing Minesto AB's fundamental ratios, stakeholders can gain valuable insights into Minesto AB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Minesto AB has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Minesto AB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Minesto AB operates as a developer of marine energy technology solution in Sweden, Wales, and Northern Ireland. The company was founded in 2007 and is headquartered in Gothenburg, Sweden. Minesto AB is traded on Stockholm Stock Exchange in Sweden.Things to note about Minesto AB performance evaluation
Checking the ongoing alerts about Minesto AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Minesto AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Minesto AB generated a negative expected return over the last 90 days | |
| Minesto AB has high historical volatility and very poor performance | |
| Minesto AB has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (14.93 M) with profit before overhead, payroll, taxes, and interest of 26.9 M. | |
| Minesto AB has accumulated about 150.89 M in cash with (20.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Minesto AB's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Minesto AB's stock is overvalued or undervalued compared to its peers.
- Examining Minesto AB's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Minesto AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Minesto AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Minesto AB's stock. These opinions can provide insight into Minesto AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Minesto Stock analysis
When running Minesto AB's price analysis, check to measure Minesto AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minesto AB is operating at the current time. Most of Minesto AB's value examination focuses on studying past and present price action to predict the probability of Minesto AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minesto AB's price. Additionally, you may evaluate how the addition of Minesto AB to your portfolios can decrease your overall portfolio volatility.
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